M&A Deal Summary

VitalHub Acquires MedCurrent

On July 30, 2024, VitalHub acquired software company MedCurrent for 34M CAD

Acquisition Highlights
  • This is VitalHub’s 2nd transaction in the Software sector.
  • This is VitalHub’s 3rd largest (disclosed) transaction.
  • This is VitalHub’s 3rd transaction in Canada.
  • This is VitalHub’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2024-07-30
Target MedCurrent
Sector Software
Buyer(s) VitalHub
Deal Type Add-on Acquisition
Deal Value 34M CAD

Target

MedCurrent

Toronto, Ontario, Canada
MedCurrent is focused on improving the quality of care and managing health system costs through its innovative Clinical Decision Support (CDS) platform, enabling real-time, evidence-based guidelines integrated at the point of care to improve health and healthcare delivery. It serves 80+ organizations throughout Canada, the United Kingdom, the United States of America, and Australia with its 15 team members based in Canada and the United Kingdom. MedCurrent is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

VitalHub

Toronto, Ontario, Canada
Category Company
Sector Internet Software and Services
Employees353
Revenue 53M CAD (2023)
DESCRIPTION

VitalHub is a developer of a blockchain, mobile and web-based software solutions for the mental health and long term care sectors. VitalHub is headquarted in Toronto, Canada.

DEAL STATS #
Overall 10 of 11
Sector (Software) 2 of 3
Type (Add-on Acquisition) 8 of 9
State (Ontario) 3 of 3
Country (Canada) 3 of 4
Year (2024) 2 of 3
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 Premier

London, United Kingdom

Premier specializes in market-leading solutions for the healthcare sector that optimize the deployment of resources, improve transparency and fairness, and ensure that staff can spend more time safely and confidently doing the things that matter. Premier was founded in 1995 and is based in London, United Kingdom.

Buy £2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-30 Strata Health

Calgary, Alberta, Canada

Strata Health is an all-in-one Referral Management Solution for hospitals and health systems. Using digital tools and automated workflows, Strata Health’s integrated software provides a better solution for patient engagement, case management, and post-acute care provider workflows in the transitions of care process. Strata Health was founded in 2001 and is based in Calgary, Alberta.

Buy CA$37M
Mergr

Product

Company

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